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Posted on 18/09/2023

Hong Kong home price seen falling by 5 per cent after seven major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...

Posted on 18/09/2023

Hong Kong’s Central Bank Warns Crypto Firms Misrepresenting Themselves as Banks

The Hong Kong Monetary Authority (HKMA) has issued a public advisory warning against crypto businesses that are presenting themselves as "banks" or labeling ...

Posted on 17/09/2023

Hong Kong central bank warns against crypto firms using banking terms

Hong Kong's central bank said that only licensed institutions are authorized to carry out deposit-taking businesses in the region.

Posted on 17/09/2023

Another Hong Kong school announces it will close, citing shrinking school-age population

Precious Blood Primary School (Wah Fu Estate) in Pok Fu Lam says it will stop admitting Primary One pupils in 2025-26 academic year.

Posted on 17/09/2023

Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change

Financial Secretary Paul Chan says newly launched 'Night Vibes Hong Kong' campaign will 'create happy memories' for locals and boost visitor numbers, despite criticisms City leader John Lee also ...

Posted on 17/09/2023

Suicide numbers among young people in Hong Kong almost double in less than a decade to record high, study finds

The suicide rate for young people in Hong Kong has almost doubled in the past nine years and the less educated and unemployed face a higher risk, Coroner’s Court figures have shown. The Hong ...

Posted on 17/09/2023

Hong Kong leader vows to focus on housing, land supply and find long-term solutions to issue of subdivided flats

Hong Kong’s leader has vowed to make housing and land supply an ongoing focus of his administration, promising to study long-term solutions to tackle the issue of subdivided flats. Chief Executive ...

Posted on 17/09/2023

Hong Kong bus driver seriously injured and cut free from vehicle, 32 hurt after collision with construction truck

Driver of KMB bus rescued by emergency services and sent to Princess Margaret Hospital after sustaining serious injuries, police say.

Posted on 17/09/2023

Hikers defy safety warnings at Hong Kong’s country parks, venture through debris caused by record black rainstorm

About 25 country park trails and other pathways are still marked as closed following unprecedented 16-hour rainstorm.

Posted on 17/09/2023

Swiss private lender UBP says Hong Kong’s family office incentives are attracting interest from wealthy mainland Chinese, overseas clients

The Geneva-headquartered bank has hired 10 senior bankers to tap wealthy clients in mainland China, Hong Kong, Taiwan and other Asian markets for the setting up of family offices in the city UBP's ...

Posted on 17/09/2023

Hong Kong office landlords grapple with ‘irreversible’ hybrid work trend amid high vacancy rates, supply glut

Flex space provider IWG says it is adding locations rapidly in the Greater Bay Area as property owners seek to capitalise on the trend. Major landlords Hongkong Land and Swire Properties also have ...

Posted on 17/09/2023

How a Hong Kong student’s virtual business exposed sex assault cases at university camps

Instagram user, 21, runs platform claiming to take on any job, with the one-man-band founder doing assignments himself or hooking clients up with others who can.

Posted on 17/09/2023

Hong Kong police arrest 202 in citywide raids targeting illegal gambling operations of triad group, seize nearly HK$2 million in cash, chips

Hong Kong police carried out raids at 40 locations including arcades, illegal gambling dens, unlicensed bars and private clubs.

Posted on 17/09/2023

Hong Kong police vow to step up efforts to combat money laundering, fraud committed by youngsters after alarming surge in arrests

Police in Hong Kong have vowed to step up efforts to combat money laundering and fraud committed by juveniles in response to an alarming surge in the number of young people aged between 10 and 20 ...

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